Legal Opinion

LNC Investments, Inc. v. National Westminster Bank

Court of Appeals for the Second Circuit

Decided October 17, 2002No. Docket No. 00-9419PublishedCited by 7 opinions

1Opinion of the Court

SOTOMAYOR, Circuit Judge.

The parties to this appeal pay our Court a second visit, following a jury verdict for defendants, who are trustees for a series of indentures. The plaintiffs, holders of those indentures, claim that the trustees failed to exercise their powers prudently to protect the value of the collateral securing the indentures after the debtor filed for bankruptcy. The judgment now on appeal followed on remand from this Court after we vacated the results of the previous trial — also a verdict for defendants — due primarily to jury instructions which erroneously required the…

2Cases cited8 opinions

  1. United States v. OlanoSupreme Court of the United States · 1993
  2. Zafiro v. United StatesSupreme Court of the United States · 1993
  3. United States v. SalamehCourt of Appeals for the Second Circuit · 1998
  4. Katsaros v. CodyCourt of Appeals for the Second Circuit · 1984
  5. Phillips v. BowenCourt of Appeals for the Second Circuit · 2002

3 more not listed; retrieve them via the Exa API.

3Cited by7 opinions

  1. Knight v. State University of New York at Stony BrookCourt of Appeals for the Second Circuit · 2018
  2. Lnc Investments, Inc. v. National Westminster BankCourt of Appeals for the First Circuit · 2002
  3. City of New York v. A-1 Jewelry & Pawn, Inc.Court of Appeals for the Second Circuit · 2011
  4. Coalition on West Valley Nuclear Wastes v. BodmanCourt of Appeals for the Second Circuit · 2009
  5. Knight v. State Univ. of N.Y. at Stony BrookCourt of Appeals for the Second Circuit · 2018

2 more not listed; retrieve them via the Exa API.

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